The Wall Street Journal

December 7, 2012

Trade tensions between Argentina and major World Trade Organization members, including the United States, flared up this week as these members moved ahead in their separate but related challenges stemming from three Argentine import policies.

The U.S., the European Union and Japan on Dec. 6 filed their first requests for the establishment of WTO dispute settlement panels to examine their claims that the Argentine policies run afoul of a wide array of WTO obligations in the Agreement on Import Licensing Procedures (ILP) and the General Agreement on Tariffs and Trade (GATT). Mexico requested a panel on Nov. 26 in a case involving the same three policies.

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